Dismissing the appeal of the Revenue the Court held that the assessee has established the identity, creditworthiness and genuineness of transaction established. Order of Tribunal deleting the addition is affirmed. No substantial question of law. (AY. 2012-13)
PCIT v. Narsingh Ispat Ltd. (2024)463 ITR 566 (Cal)(HC)
S. 68 : Cash credits-Share application money-Identity, creditworthiness and genuineness of transaction established-Order of Tribunal deleting the addition is affirmed.[S. 260A]